Experian calls off £275m ClearScore acquisition
UK’s Competition and Markets Authority expressed concerns.
Regulation
Santander and LSE instrumental in Nivaura’s $20m funding
UK firm offers platform for the issuance of financial instruments on blockchain.
Risk, finance and regulatory reporting: adopting an integrated approach
Banks with the most flexible, integrated FRR architecture will appease the regulators. How to achieve it?
Planixs receives £3.5m funding for better banking tech plans
The UK-based firm will expand its cloud-based solution Realiti.
PayTech Awards 2019: celebrating people that make things happen
Nominate your colleagues (or yourself) for a Leadership Award by 5 April!
Video: fintech news weekly round-up – 25 February 2019
Metro, Starling and ClearBank get the RBS grant, South Korea plans fintech push, and more.
South Korea plans interbank payment network
The nation’s Financial Services Commission gives fintech another boost.
SocGen mulls thousands of job cuts from investment unit
As it seeks to consolidate its brokerage business through a partner.
New ECB guidelines extend active monitoring to intraday liquidity – but are banks ready?
The guidelines focus on financial institutions’ internal capital and liquidity adequacy assessment processes.
Kenya keen on regulatory fintech sandbox
Capital Markets Authority outlines its plans for innovation.
StanChart braces for $900m fines over US and UK banking issues
Bank sets aside money for potential penalties over FX and crime controls.
FCA shows iron fist for anti-competition in asset management
Three firms have been declared in breach of the UK authority’s regulation.
Hong Kong Exchange buys into Shenzhen fintech
HKEX looking to boost its financial markets tech capabilities.
PSD2 goes live in Netherlands
The Dutch Central Bank is welcoming applications to use this regulation.
Japan’s fintech boosted by nonbank money transfers
The Financial Services Agency will grant licences for a more competitive nation.
White paper: Third-party cyber risk
Your weakest link.
SmartStream teams with Numerix for ISDA collateral management
Automated data management and risk sensitivities to the rescue.
UBS found guilty in France for aiding tax evasion
UPDATE. The bank has said it will appeal the decision.
Financial services leading on “Voice First” technology strategy, but there is work to be done
Richard Stevenson, CEO, Red Box, looks at how voice is a critical data set for digital transformation.
Danish and Estonian regulators under EBA investigation over Danske incident
The bank has also closed its Baltic and Russian operations.
FCA appoints new chair for Financial Services Consumer Panel
Wanda Goldwag will start role from 1 March 2019.
Live Webinar: Account Takeover Fraud – How To Protect Your Business
Join Fintech Futures and OneSpan for a live webinar on Tuesday, 19 March!
EBRD and Estonia unveil regulatory sandbox
European Bank for Reconstruction and Development and Baltic nation team up.
German financial regulator stops shorting of Wirecard shares
Follows on from accounting investigation in Singapore.
Fintech charms US state regulator into modelling
Conference of State Bank Supervisors will implement changes based on feedback.
EU does cross-border payments on the cheap
Consumers protected against “excessive charges for currency conversions”.
CanDeal and six Canadian banks create market data hub
BMO, CIBC, National Bank, RBC, Scotiabank and TD are involved.
Italian interbank DLT project Spunta moves to pre-production
Passing test to solve interbank reconciliation issues in the country.
Video: fintech news weekly round-up – 11 February 2019
Challengers Starling and Revolut, Tink, and the importance of digital assets.
Top fintech stories this week – 8 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Wirecard reveals investigation into accounting allegations
The firm had previously called reports “inaccurate, misleading and defamatory”.
Centage leaves no cent behind in $8.5m investment round
TVC Capital leads funding round in US provider of cloud-based tools.
CUBE wins MetLife Insurance regtech project
A small-sized pilot project that could lead to a major win.
Video: check out the PayTech Awards 2018 highlights!
The inaugural PayTech Awards took place on 13 July 2018 on a luxurious Silver Sturgeon yacht in London.
API platform Tink raises €56m and expands in Europe
Now coming to countries like the UK and Spain, among others.
Banking brickbats take out NAB’s CEO and chairman
Repercussions from Australian Royal Commission’s criticisms take effect.
UK regulator urges vigilance over investment scams
Last year was a shocker. Action Fraud reveals over £197 million of reported losses.
Australia’s banking sector gets constructive criticism
The Royal Commission has some things to say.
Reserve Bank of India fines three banks for compliance fails
Axis, UCO and Syndicate Bank found to be at fault.
Digital Isle of Man unleashes blockchain office and sandbox
No plan is an island.
